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18 April, 2024 15:23 IST
Suzlon Group bags 100.8 MW repeat order from ReNew Wind Power
Source: IRIS | 05 Jun, 2014, 09.58AM
Rating: NAN / 5 stars.
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Suzlon Energy, the world's fifth largest wind turbine supplier, has been awarded a 100.8 MW order by ReNew Wind Power, a leading IPP in the wind energy sector. The project is scheduled for execution at the Bhesada wind site, Dist Jaisalmer, Rajasthan.

As per the agreement, the group will not only supply 48 units of its robust S97-120 m WTG's. It will also oversee operations, maintenance and service of the wind site over the contracted period.

The S97-120 WTG's is set to change the dynamics of the wind energy business. This is Suzlon's maiden order for its ner towers that is specially sedigned with a 120 m hub height.

Sumant Sinha, chairman & CEO of ReNew Wind Power said, ''This deal reinforces our commitment to developing sustainable energy solutions for India. Our partnership with Suzlon has added momentum to this mission.''

Ishwar C Mangal, president-sales & marketing, Suzlon Energy said, ''This order has added a fillip to our robust order book. ReNew wind power is a valued customer and we look forward to executing this order to further fortify our relationship. This order is indeed a reaffirmation of our capabilities that allow us to offer customized solutions for customers' in accordance with market conditions.''

Shares of the company gained Rs 0.75, or 2.64%, to trade at Rs 29.20. The total volume of shares traded was 4,065,657 at the BSE (9.52 a.m., Thursday).

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